TIDMMANX
Manx Telecom PLC
06 February 2019
6 February 2019
Manx Telecom Plc
Update on Goshawk Communications
Manx Telecom Plc (AIM: MANX), the leading communication
solutions provider on the Isle of Man, is delighted to provide the
following update on the progress of Goshawk Communications, which
sits within Vannin Ventures, Manx Telecom's international growth
vehicle, towards the UK launch of its innovative hearing
enhancement product.
In September 2018, Manx Telecom announced the launch on the Isle
of Man of MT clearSound, a new, personal mobile phone product which
dramatically improves the clarity of mobile phone calls. At the
same time Manx Telecom announced that the underlying Goshawk
technology would be made available in the UK via the EE mobile
network. In December at a Capital Markets Day, Manx Telecom
provided further detail on the planned rollout using an MVNO
structure, including the intention to unveil a new consumer-facing
brand in February.
Today Goshawk Communications announces the brand name for the
mobile phone proposition it will launch in the summer of 2019 as
'Audacious'. In line with the plan outlined at the Capital Markets
Day, a company trading under this name and operating from its own
premises under the leadership of CEO Rob Shardlow is now driving
the continued development of the proposition and launch planning
activities. Its current focus is on further building industry
relationships and building the organisation's capability, before
moving on to build consumer awareness nearer to launch.
The brand name will be supported by a vibrant brand identity,
which delivers against three core design principles, which have
proven importance with target customers - clear, human and
connected.
In parallel with the launch of 'Audacious' in the UK market,
Matthew Turner, Founder of Goshawk Communications, continues to
drive the strategic development and global scaling of the
proposition. He has secured three technology award nominations and
two speaker slots at Mobile World Congress later this month to
raise the profile of the technology within the global mobile
network operator community.
Rob Shardlow commented: "I am proud to announce 'Audacious' as
our brand name, in the UK. It captures, powerfully, the ambition
that we have to improve peoples' lives and the confidence we have
that this will be possible."
Gary Lamb, CEO of Manx Telecom, said: "This marks another
important step in the development of our plan to commercialise and
scale the innovative and valuable Goshawk technology. We look
forward to the launch of 'Audacious' as a new MVNO business in the
UK, later this year."
For further enquiries, please contact:
Manx Telecom Plc +44 (0)1624 636 400
Gary Lamb, CEO
Iarla Hughes, CFO
Powerscourt Group (Public Relations) +44 (0) 20 7250 1446
Elly Williamson
Celine MacDougall
About Manx Telecom
Manx Telecom is the leading communication solutions provider on
the Isle of Man, providing a wide range of Fixed Line, Broadband,
Mobile and Data Centre services to retail, business and public
sector customers on the Island, as well as a growing portfolio of
innovative hosting and "Smart SIM" solutions to global
customers.
The Company focuses on providing outstanding customer
experience, high-quality and high-availability networks achieving
99% 4G and 93% superfast fibre broadband population coverage, and
consistent first-to-local-market roll-out of new products for homes
and businesses.
Manx Telecom is the only operator of a Fixed Line network and is
currently investing in state of the art 1 Gbps Fibre-to-the-Premise
(FTTP) broadband for both its consumer and business customer base.
The Company has three data centres, two of which are Tier 3
designed, plus international connectivity, and its operations are
business-critical to the economic strategy of the Isle of Man.
One of the Isle of Man's largest employers with around 300
staff, Manx Telecom plays a major role in the wider community
through a range of activities including: charitable donations,
sponsorships and corporate social responsibility initiatives.
Manx Telecom is strengthening its core market position whilst
exploring new market opportunities on and off-island, leveraging
its telecommunications expertise and mobile technology
platform.
Manx Telecom is listed on the Alternative Investment Market of
the London Stock Exchange (AIM: MANX). www.manxtelecom.com
About Vannin Ventures
Vannin Ventures is a wholly owned subsidiary of Manx Telecom. It
was formed as a stand-alone business incubator, to support the
development and commercialisation of innovations in IoT and the
wider telecommunications ecosystem.
Vannin Ventures forms effective relationships with entrepreneurs
and growth businesses. As a flexible development partner and
operational investor, Vannin Ventures supports early-stage
innovation concepts through their initial development, to pilot
launch (with the Isle of Man as an excellent test bed) and full
launch, in the UK and international markets.
www.vanninventures.com
About Audacious
Audacious is a new UK mobile service, launching in the summer of
2019. Our mission is to deliver clearer mobile calls to people with
hearing needs, empowering them to be part of the conversation.
Audacious uses clinically proven, world-first technology, which
enhances call quality by tailoring the frequency and volume of each
call to each customer's individual hearing needs.
Audacious will be launched on the EE network as an 'MVNO',
offering packages of calls, texts and data, plus Audacious
personalised call optimisation as standard.
www.audacious.co.uk
www.linkedin.com/company/audaciousmobile/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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